time to short the market

Quote from VictorS:

Why do you think so?

Because the technical structure I see on many stocks seems to indicate they are basing for a move higher. But that move higher would then encounter significant resistance levels that I think will result in the market correction the OP is talking about.
 
If you look at our growth, businesses are closing here and there is still a high unemployment. We are headed for another crash soon.
 
so, wanted to come back to ET today and see if there's any new insight in this thread.

i still fail to see a whole lot of upside. but one might have to wait a while to win on the short side.

in short, US equities are not enticing one way or another. a better short might be the chinese indexes....
 
Quote from fareastcoast:

so, wanted to come back to ET today and see if there's any new insight in this thread.

i still fail to see a whole lot of upside. but one might have to wait a while to win on the short side.

in short, US equities are not enticing one way or another. a better short might be the chinese indexes....

I think we will get a 10% correction from the top. This recent few day rally is just noise.

Although I trade a signal so it doesn't really matter what the market does to me.
 
Quote from bwolinsky:

This guy being you and your space at street authority?

Good God, Goodboy!

A pathetic new low for MS.

Biggest phony, fraud, wanna-be in ET history.
 
Quote from fareastcoast:

You know the saying....don't fight the fed.

Well, the fed has decided to stop printing, it seems correction to DJIA ~13000 is imminent.

Thoughts/opinions?

i second the opinion that it's time to short the market. we hits highs in march and it seems like the buying frenzy is petering out now. i don't think we'll see a crash like 2008, but i think the market will decline slowly and steadily within the next few months.
 
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